How to View Your Credit Score for Free in 2020-Latest Update

How to View Your Credit Score for Free
0
(0)

Credit Score is also known as Credit Rating that a three-digit number describes a customer’s creditworthiness to its lender. It is based on your credit history such as the total number of your bank accounts, loans and payment history, etc. Now I will show you in this article how you easily get a good score and how to view your credit score for free.

Credit Score is developed by The Fair Issac Corporation [FICO], becoming famous among lenders such as Banks and Credit Card Companies. They usually use a credit score to decide who qualifies, how much credit limit at how much interest rate to avoid the potential risk of lending money.

On the other hand, If you need any kind of loan like a student loan, education loan, car loan, home loan, business loan, etc, you need a good credit score to submit to the lender. Let’s check the average score range of the Credit Score.

A higher Credit Score means to lenders to lower risk and to consumers to get the loan or credit easily.

SEE ALSO: Learn What Are The Limitations Of Computer In Our Daily Life

How to View Your Credit Score for Free

There are three popular agencies like Equifax, Experian, and TransUnion who provide their customers to check their credit score for free. Let’s briefly learn about them.

Experian

Experian Ltd. is the most reputed agency and provides their services in more than 37 countries like North America, Latin America, the UK, Europe, the Middle East, Africa, and Asia Pacific. It is a financial agency registered in England.

Experian provides both free and paid services to its customers. You can enjoy a free trial service for the first 30 days, then you have to pay $19.99 on a monthly basis.

 View Your Credit Score for Free in 2020

View Your Credit Score for Free in 2020

Equifax

Equifax is an American multinational agency which is very popular to report credit scores all around the world. It follows the FICO method to make the customer’s credit score report. It also provides free and paid services to its customers. Free trial service is valid for 30 days and after using the trial service, you can go for paid service [$7.99/month].

TransUnion

TransUnion is also much renowned as an American consumer credit reporting agency. It works the same as the other two agencies. It provides an unlimited score and reports access service by a 7 day trial for $1, then you need to pay $13.95 on a monthly basis for Basic Membership or $19.95 on a monthly basis for Premium Membership.

SEE ALSO: What Are the Main Components Of a Computer System?

How to achieve a good Credit Score

Credit Score basically depends on your previous credit history. If you want to get a good credit score, you need to maintain a good credit background. Even then I figured out some points to have a good credit score. Let me share with you,

Your Credit Score

View Your Credit Score for Free in 2020

  • You need to pay your bills on time.
  • Always try to keep the balance low of your credit cards and other revolving credit and pay off debt.
  • You can use Quick Loan Shopping.
  • Don’t close your unused Credit Cards.
  • Don’t apply for too much new credit at a time
  • Always be careful paying off your old debts

FAQ of Credit Score

What information is in a credit score?

There are different formats of credit scores of different agencies but contain the same type of information such as Identifying Information, Credit Accounts, Credit Inquiries and Bankruptcies and Collections.

How can I get my credit score report for free?

You can check your credit score through Equifax, Experian, and TransUnion, and also get an annual credit score report for free.
Note: You won’t get your FICO score in the free credit report.

What number is a good credit score?

Up to 700 score means it is a good score but when it is up to 800 score, it means an excellent credit score.

Conclusion

Credit Score is just not only a numerical expression of three digits but also can be a purpose of your every solution or a bright future. A good credit score can help you to easily bring credit from lenders. Now you also notify about how to view your credit score for free through the article.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

My passionate create Techy content which helps and educates users the technology and enjoy also about computer software, Android App, Software for pc, Android app for pc, Android app for desktop, Windows 10 and what I love.We hope you enjoy your stay on our website and find what you’re looking for.

Leave a Reply

Your email address will not be published. Required fields are marked *